DIS vs WMG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, WMG (Warner Music Group Corp.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. WMG offers the higher yield at 2.46%, WMG has the higher dividend-safety score, and WMG looks like the better value (its fair-value estimate is 4% below its share price).
Key facts: DIS vs WMG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Warner Music Group Corp. (WMG) has the higher forward dividend yield at 2.46%, versus 1.26% for The Walt Disney Company (DIS).
- As of Nov 5, 2026, SmarterDividends grades DIS's dividend safety C (56/100) and WMG's B (71/100).
- By SmarterDividends' count as of Nov 5, 2026, DIS has raised its dividend for 2 consecutive years and WMG for 5.
- As of Nov 5, 2026, DIS pays out 31% of its earnings as dividends and WMG pays out 61%.
- As of Nov 5, 2026, DIS's fair-value estimate is 27% below its share price and WMG's fair-value estimate is 4% below its share price, so WMG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DIS vs WMG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/dis-vs-wmg
| Metric | DIS | WMG |
|---|---|---|
| Forward yield | 1.26% | 2.46% |
| Annual dividend | $1.50 | $0.80 |
| Payout ratio | 31% | 61% |
| Years of growth | 2 yr | 5 yr |
| 5-yr dividend growth | — | 9.0% |
| 5-yr total return | -23% | -29% |
| Dividend safety score | 56 (C) | 71 (B) |
| Fair value estimate | $85.81 | $31.06 |
| Upside to fair value | -27% | -4% |
| Frequency | semiannual | quarterly |
| Market cap | $204.2B | $16.9B |
| P/E ratio | 24.4 | 25.8 |
Higher yield
WMG
2.46%
Safer dividend
WMG
Grade B
Faster growth
WMG
9.0%
Better value
WMG
-4% upside
DIS vs WMG — FAQ
Is DIS or WMG a better dividend stock?
On the data, WMG wins more head-to-head categories (4 vs 3). WMG offers the higher yield (2.46%), while WMG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DIS or WMG?
WMG has the higher forward dividend yield at 2.46%, versus 1.26% for DIS.
Is DIS or WMG safer?
WMG has the higher dividend-safety score (71/100 vs 56/100), reflecting stronger payout coverage and dividend-growth history.
Is DIS or WMG better value right now?
As of Nov 5, 2026, WMG looks like the better value: its fair-value estimate is 4% below its share price (fairly valued). For DIS, its fair-value estimate is 27% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.